When was Jazz founded?

Jazz was founded in 1994 and raised its 1st funding round 27 years after it was founded.

Where is Jazz located?

Jazz is headquartered in Islamabad, Pakistan.

Is Jazz a funded company?

Jazz is a funded company, having raised a total of $***** in its 1st and only funding round, a Conventional Debt round on Jun 24, 2021.

When was the latest funding round of Jazz?

Jazz's latest funding was a $***** Conventional Debt round on Jun 24, 2021, with participation from 1 investor.

Where does Jazz rank among its competitors?

Jazz ranks 26th amongst 1060 active competitors, of which 43 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Jazz, which secured $320M in Jun, 2021.

Who are the top competitors of Jazz?

Jazz's top competitors include MasMovil, Circles.Life and Ultra Mobile. Among them, Jazz secured the most recent funding round in June, 2021.

Jazz - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: jazz.com.pk
Social
Email ID: *****@jazz.com.pk
Phone Number: +92 **********
Part Of

Key Metrics

Founded Year

1994

Location

Islamabad, Pakistan

Stage

Acquired

Latest Funding Round

Conventional Debt, Jun 24, 2021, $*****

Investors

HBL

Ranked

26^th among 1060 active competitors

Similar Companies

MasMovil & 588 more

Exit Details

Acquired by VEON (Mar 22, 2021)

View Jazz's full profile

Jazz got acquired by VEON on Mar 22, 2021.

Click here to take a look at Jazz's acquisition in detail

Jazz has raised funding over 1 round. Its latest funding round was a Conventional Debt round on Jun 24, 2021 for $*****. 1 investor participated in its latest round. Jazz has 1 institutional investor.

Here is the list of recent funding rounds of Jazz:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 24, 2021	3363906	Conventional Debt	9033610	9944172	2252521	5284722

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Top competitors of Jazz include MasMovil, Circles.Life and Ultra Mobile. Here is the list of Top 10 competitors of Jazz, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MasMovil 2006, Madrid (Spain), Acquired	Provider of mobile internet, calling, and other services	-	Capital Group, Providence Equity Partners ... & 3 others	72/100
2nd	Circles.Life 2014, Singapore, Series C	Online MVNO providing data services	$50M	Warburg Pincus, Peak XV Partners & 21 others	70/100
3rd	Ultra Mobile 2011, Long Island City (United States), Acquired	T-Mobile MVNO offering unlimited talk & data plans with international calling	$3.25M	-	70/100
4th	Vodacom 1994, Midrand (South Africa), Public	Provider of mobile network telecommunication services	-	Umbono, Convergence Partners	67/100
5th	Consumer Cellular 1995, Portland (United States), Acquired	MVNO in the US providing no contract cell phones and services	-	-	66/100
6th	Gigsky 2010, Palo Alto (United States), Series B	Global eSIM provider offering seamless connectivity for travelers and enterprises	$24.9M	Intercept Ventures, Yet2ventures & 3 others	66/100
7th	Tello 1996, Sibiu (Romania), Acquired	Mobile communication services provider	$2.7M	Bullpen Capital, SV Angel & 6 others	63/100
8th	Belong 2013, Melbourne (Australia), Unfunded	Mobile communication services provider	-	-	62/100
9th	FreedomPop 2011, Los Angeles (United States), Acquired	MVNO providing mobile and internet services	$114M	Mangrove Capital Partners, Intel & 8 others	61/100
10th	Boost Worldwide 2002, Irvine (United States), Acquired	Mobile phone plans, devices, and deals for diverse customer needs	-	Poplar Ventures, EHL	61/100
26th	Jazz 1994, Islamabad (Pakistan), Acquired	Provider of mobile telecommunication services	-	HBL	56/100